Covid or Brexit?
The world is emerging from the COVID pandemic, with society and the economy opening up again. The immediate impact has been widespread supply and labour shortages, and rising inflation.
But for the UK, the issue is not simply that of post-pandemic disruption, but also the early impacts of the decision to leave the European Union, replacing our membership of the Single Market and customs union with a minimal free trade deal.
In what follows, we explore the extent to which current problems in the UK economy are down solely to post pandemic disruption or also the result of the altered terms of trade and labour mobility with the EU.
This report was written by Professors Anand Menon, Jonathan Portes and researchers Dr Alan Wager, Sarah Overton, and Joel Reland.
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